Je11ybubb1es
Member
Registered: 11th Jun 02
Location: Milton Keynes
User status: Offline
|
Have you taken the loan protection insurance? and why / why not?
just a thought as i was reading my post about income protection
|
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
|
Nope 
|
the_legend_of_yrag
Member
Registered: 7th Jul 03
Location: Cambridgeshire
User status: Offline
|
i did for some reason, dont usually though
|
M4tt
Member
Registered: 18th Apr 03
Location: Potters Bar
User status: Offline
|
i did as well, i thought it was a good idea at the time, but after speaking o my rents it seems unnecessary 
|
BlueCorsa
Member
Registered: 14th Jan 04
Location: Midlands Drives: MB SLK250 CDI
User status: Offline
|
Nope, cos I'm a student and repayment protection don't usually cover you if you're a student I think?
Besides, it worked out at an extra £10-15/month on top of my loan repayments, I'd rather just worry about finding the money and paying my loan off quicker....
T
|
Xs
Member
Registered: 12th Apr 02
Location: Lanarkshire
User status: Offline
|
i did take it out as i live in fear of bein made redundent! lol
[Edited on 30-03-2004 by Xs]
|
Je11ybubb1es
Member
Registered: 11th Jun 02
Location: Milton Keynes
User status: Offline
|
matt who did you do the loan with, anf bluecorsa it would still cover you for things like life cover and permenant disability. just wouldnt cover you against unemployment
|
L330wnz
Member
Registered: 9th Mar 04
Location: Norwich, Norfolk
User status: Offline
|
I took out loan protection coz I don't feel 100% secure in me job..maybe coz I do jack shit all day 
|
Pablo
Member
Registered: 3rd Feb 03
Location: Milton Keynes
User status: Offline
|
Cant remember
|
SetH
Member
Registered: 15th Jul 01
User status: Online
|
YEah had to take some, the buggers really loaded the repayments with every single protection they do, they didnt even give me the option i had to argue with them and get some of the protections taken off. Think it gets paid if i die or cant work cos i get sick, if i loose my job it doesnt get paid. I`d weigh up your financial situation, i mean would your parents/partner be able to help you out if you could make repayments?
|
MatthewR
Member
Registered: 21st Oct 02
Location: Rickmansworth
User status: Offline
|
quote:
Originally posted by P4UL
Cant remember
Me neither 
|
Half Pint
Member
Registered: 25th Mar 02
User status: Offline
|
I work for the bank i got the loan off so i didn't, if they sack me they can GTF if the think they will get that money back
|
stubbsy05
Member
Registered: 23rd Oct 02
User status: Offline
|
no, cos its only 2k.
|
Drew
Banned
Registered: 24th Nov 01
Location: County Durham
User status: Offline
|
i never have on any loans or credit cards
work for dad so aint really gunna get the sack 
|
Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
|
In the grand scheme of things, I estimate that I will be debt free (2 x loans, 2 x credit cards, and miscellaneous debt) by November 2006, assuming I get a job between now and end of April, and pay about £600 a month towards my debts!
|
transca
Member
Registered: 28th Dec 00
Location: rotherham
User status: Offline
|
quote:
Originally posted by Je11ybubb1es
Have you taken the loan protection insurance? and why / why not?
just a thought as i was reading my post about income protection
Nope its a waste of time if your borrowing 5k or under to be honest.
|
Gavin
Premium Member
Registered: 3rd Apr 02
Location: West Midlands
User status: Offline
|
i have a student load! does that count
pew pew pew pewwwww
|
